Is Shein Shutting Down This Year? (2024)

There have been rumors spreading around social media that Shein will be closing down this 2024. Tik Toks saying, “Buy this before Shein closes down” or “Can’t believe Shein is closing down” and all of us are wondering…Is this really true?

Shein has become a staple shopping website since around 2020 when quarantined shoppers enhanced the popularity of this website. It has been around since 2015 but started to focus on fast fashion recently. For those who answered my poll, 34.2% of students order from Shein.

Shein has been a controversial subject since it became popular. Buyers wonder how everything is so cheap and if child labor is a factor into the production of these clothes. I am a buyer from Shein and recently have been wondering if this is really true? Shein varies from everything: clothes, shoes, accessories, jewelry, organization, room decor, home goods, and anything you can imagine, all at a reasonably affordable price. Though items from Shein may not be the best quality, most can get the job done.

Though the real question is…does Shein partake in child labor?

After doing some research, Shein claims that they have zero tolerance for forced labor but CNN has a difficult time believing them.

Is Shein Shutting Down This Year? (2)

With such a popular app like this one, a scandal on child labor would break the internet. CNN looks into this subject along with the now popular app Temu. Though it is not able to be confirmed, US congressional commission called out Shein and Temu for potential link to “the use of forced labor, exploitation of trade loopholes, product safety hazards or intellectual property theft.” The extreme bargain prices are nice to buyers, but have journalists wondering if there is something behind all of this.

I sent out a poll to the school to see what my peers thought of this issue. Here are some of the responses I got:

never have never will but my daughter does even though her very educated mother tells her not too and fully explains the "WHY". ;)

(try to guess who wrote this one…)

I have ordered from Shein but i've decided not to order anymore because it goes against my values and the products are bad quality.

they are all crap i spent 300 dollars and only really use like 2 things that i cant think of off the top of my head, also was missing things bought and prices change while in cart without warnings

Some believe that this could be the reason for the Shein shutting down rumor. This rumor has been circling around social media for years but has become popular recently. Even the Shein company account on Tik Tok responded to this rumor. In the short video, two employees can be seen laughing as the term "Shein is closing in 2024" flashes across the screen. This video was captioned as “Business as Usual.” This joke confirmed that shein is not closing down. Shein claims that the clothing company closing is a hoax and the brand isn’t going anywhere.

For those who wrote responses like…

everything ive ever got 10/10 i dont care if children are making them kudos to them on making my clothes right!

I love 90% or more of the products I have gotten off of shein. A lot of other stores also use child labor that is not known.

Shein be poppin off with some of their clothes can’t lie. I got some cute tanks & phone cases, makeup bags, etc period

I have bought too much its almost embarrassing

...you guys are safe.

Is Shein Shutting Down This Year? (2024)

FAQs

Is Shein going to be shut down? ›

In the short video, two employees can be seen laughing as the term "Shein is closing in 2024" flashes across the screen. This video was captioned as “Business as Usual.” This joke confirmed that shein is not closing down. Shein claims that the clothing company closing is a hoax and the brand isn't going anywhere.

Have Shein sales gone down? ›

In comparison, the fast fashion market, excluding Shein, saw a 61.2 percent sales increase in that same quarter. In Q2 2023, Shein's sales growth has decreased to -2.8 percent, while the fast fashion market reportedly saw a 15.1 percent decrease in sales.

Who is behind shut down Shein? ›

If TikTok is “the needle,” said Chapin Fay, the Shut Down Shein's executive director, referencing the preponderance of haul videos on the social-media site, then Shein “is the drug.” The Singapore-headquartered company, he told Sourcing Journal, isn't just pouring advertising dollars into the platform but it's also “ ...

How is Shein doing financially? ›

That's a lot of fast fashion. Shein, the Chinese fast-fashion brand, raked in $2 billion in profits in 2023, FT reported. That beats the fiscal year of rival fast fashion company H&M.

Is Shein bad in 2024? ›

Shein continues to harm the environment, have improper labor conditions and use harmful chemicals in their products. Shein stands as the largest contributor to fast fashion, low-priced, trendy clothing that samples styles from top designers and introduces them to low-quality material.

What's going on with Shein? ›

In October 2022, Chinese fast-fashion conglomerate Shein once again found itself facing allegations of unethical business practices, just another on their long laundry list of wrongdoings that include copying small businesses, allegations of modern slavery and violating labour laws.

Can you still order from Shein? ›

Yes, you can absolutely order from SHEIN right now! Their website is open 24/7, so you can browse and shop for clothes and accessories whenever you want.

Is Shein child labor? ›

Does Shein use child labor? Unfortunately the answer is, more than likely. China, like the US, has child labor laws that prohibit employment for children under 16, restrict children from working in hazardous environments, and limit the number of hours children in school can work.

Why are people boycotting Shein? ›

Shein, a global fast-fashion giant based in China, faces a boycott campaign amid allegations of Uyghur forced labor.

Who is Shein's biggest competitor? ›

Top 10 SHEIN competitors
  • Wish.
  • Poshmark.
  • Verishop.
  • La Redoute.
  • Forever 21.
  • PrettyLittleThing.
  • Peacebird.
  • Alibaba.com.

Is the owner of Shein a billionaire? ›

There are only two public anecdotes about Xu Yangtian, also known as Chris Xu – the mysterious billionaire founder of Shein. One positive, one negative. They both – if true – hint at the determination and ruthlessness needed to build a global empire in the savagely competitive world of fast fashion.

How is Shein so cheap? ›

Their direct-to-consumer model, minimal overhead costs, cost-effective marketing strategy, fast fashion business model, global manufacturing and shipping, and economies of scale all contribute to their ability to offer products at lower prices compared to traditional retailers.

Are we boycotting Shein? ›

Shein, a global fast-fashion giant based in China, faces a boycott campaign amid allegations of Uyghur forced labor.

What is the warning about Shein? ›

The Shein cancer warning, or Proposition 65 warning associated with Shein products, informs consumers that Shein products have high levels of toxic chemicals. This warning allows consumers to make informed choices about whether they want to purchase and use these products.

Is Shein still safe to use? ›

The Shein website is designed to protect your shopping journey from start to finish. Like many other online shops, it employs encryption, meaning it's secure to visit and browse. Shein aims to ensure that your personally identifiable information, including banking credentials, is stored and transmitted securely.

Can we still buy clothes from Shein? ›

Yes, Shopping on SHEIN is Still On

Founded in 2008, SHEIN has established itself as a global online retailer, specializing in women's clothing, but not stopping there. They offer men's apparel, kids' wear, accessories, home goods, and beauty products.

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